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2 Pages 12>
The Truth about Schulich/Ivey/Queens Post-Graduate Data Options
ZFero
#1 Posted : Sunday, April 03, 2011 1:34:11 AM
Rank: Senior Student




Joined: 12/20/2010
Posts: 172
First, here are the links to all of the employment data for Ivey HBA, Queens Commerce, and Schulich BBA/iBBA.

Schulich
Queen's
Ivey

A lot of people have been saying certain facts about the employment data about certain universities that I feel is incorrect (i.e. Ivey students get paid so much more on average compared to Queen's.

First, some people have criticized Schulich's 89% Employment. However, many people fail to understand that it is employment after THREE MONTHS. Queen's employment is after 6 months, and is it only 4% higher. Ivey's employment is at 92% and it does not say how many months. Regardless though, they are all within the same range and in my opinion, should not play the deciding role as to what university you should go to.

Second, Ivey's Average Total Compensation of $61099 :O. Well, if you actually take the base salary percentages and do the math with the information you are given, the BASE salary is $54373.76. The $61099 refers to TOTAL COMPENSATION which includes, as mentioned, signing bonus and other guaranteed compensation.

Assuming Schulich's stated salary DOES not include the signing bonus or other compensation, the three universities salaries are...

Ivey - $54373.76
Queen's - $53190
Schulich - $52000

The actual difference of the starting salaries between these programs is only a few thousand dollars. It is not surprising Ivey has the highest average salary, as a large percentage of its students go to Corporate Banking, which has a high starting salary. Schulich students have the largest percentage of its students go into Accounting, which has low starting salaries. These schools are very similar in terms of starting salaries.

Last, remember that these reports constantly change every year and therefore, you shouldn't base your entrance decisions based employment data that is going to be almost six years old.

Please correct me if I am wrong about any of this but people need to understand that they shouldn't be too worried about the employment data of universities.

Just my two cents. I'm really tired, good night.
Western Ivey AEO2 w/Economics

Accepted to:
Ivey AEO w/ Econ
Schulich BBA
Laurier/Waterloo BBA/BMath
Waterloo AFM-PA
Queen's Commerce


"In the game of chess, you can never let your adversary see your pieces." Zapp Brannigan
LeafsFan16
#2 Posted : Sunday, April 03, 2011 1:41:49 AM
Rank: Senior Student


Joined: 2/27/2011
Posts: 76
Great post Zou, it puts things into perspective considering how many people here have hard-ons and wet pussies when defending their favourite of the 3. (though usually it happens more with Queen's and Ivey, Schulich actually gets dumped on a lot)
Waterloo AFM-PA - Accepted to FM
Waterloo Financial Analysis/Risk Management - Accepted
Laurier BBA - Accepted
Schulich BBA - Accepted
Brock Accounting (Co-op) - Accepted
York Administrative Studies (Accounting) - Accepted
amhsirak
#3 Posted : Sunday, April 03, 2011 1:50:12 AM
Rank: Senior Student




Joined: 12/7/2010
Posts: 130
Loving you for posting this. Best SAF post, hands down.
Schulich School of Business
Class of until I can transfer to Ivey




Turned down my AEO status; biggest mistake I've ever made


IanSharer
#4 Posted : Sunday, April 03, 2011 10:17:19 AM
Rank: Valedictorian




Joined: 12/21/2010
Posts: 549
Anyone bringing up starting/average salaries in a discussion is an idiot. What you should be worried about are the placements (ie. are all industries represented, do top firms from all industries recruit there, etc...).

P.S. The Ivey employment data is for three months (director stated so at the presentation).
Schulich School of Business
York University
Slowwy
#5 Posted : Sunday, April 03, 2011 11:37:15 AM
Rank: Senior Student




Joined: 1/5/2011
Posts: 128
Thank You for the data. They are really helpful. I was wondering if you have similar data for Rotman Commerce?.. I've been trying to find it but i can't find anything..
Practise makes Perfect
athrunxo
#6 Posted : Sunday, April 03, 2011 11:09:24 PM
Rank: Senior Student




Joined: 12/29/2010
Posts: 68
I don't think we should be too caught up with the employment data. My teacher graduated from Schulich BBA, and according to him, the way they survey their students is through optional response. So people who didn't find jobs won't reply and thus won't be included in the statistics. Also, it really depends on the field of business. For example, it's very easy to get a job in accounting as accountants are needed in pretty much every field that exsist in our world. Thus explaining Waterloo AFM's 100% employment rate.
York Schulich iBBA - Accepted
Queens Commerce- Rejected
Rotman Commerce - Accepted
Waterloo Math CA - Accepted
Waterloo Financial Analysis Risk Management - Accepted
Western Financial Economics - Accepted
Mcgill BCommerce - Accepted
Tantrum
#7 Posted : Monday, March 12, 2012 8:51:25 PM
Rank: Frosh


Joined: 8/15/2011
Posts: 45
BUMP THE WORLD NEEDS TO SEE THIS AGAIN!
Applied to:
Schulich BBA (ACCEPTED)
Waterloo AFM-PA ( Declined AFMAA - Game Over)
Laurier BBA (ACCEPTED)
Brock Co-Op Accounting(ACCEPTED)
Macmaster Business (ACCEPTED)
viii
#8 Posted : Monday, March 12, 2012 9:58:26 PM
Rank: Frosh


Joined: 2/7/2012
Posts: 29
lol, Statistics at work in all its glory.
York University
Schulich School of Business | BBA | 2015
immaculatedx
#9 Posted : Monday, March 12, 2012 11:18:27 PM
Rank: Student Body President




Joined: 12/19/2010
Posts: 1,595
As a former (EDIT: business) student I also wanted to make a note on a similar topic.

A lot of students pursue business because of money. That's entirely foolish. I'm a Waterloo co-op student in first year and I already make an equivalent of a 40K salary. All my friends in Engineering/CS/Math make equivalent to the (EDIT: Ivey/Schulich/QC) graduating compensations (mid 50K range) by their 2nd/3rd years.

While the potential for big bucks is there, on average if you're passionless and just chasing the paper, business is probably not the best idea.
cliffhanger33
#10 Posted : Monday, March 12, 2012 11:44:07 PM
Rank: Student Council




Joined: 7/17/2011
Posts: 353
immaculatedx wrote:
As a former student I also wanted to make a note on a similar topic.

A lot of students pursue business because of money. That's entirely foolish. I'm a Waterloo co-op student in first year and I already make an equivalent of a 40K salary. All my friends in Engineering/CS/Math make equivalent to the graduating compensations (mid 50K range) by their 2nd/3rd years.

While the potential for big bucks is there, on average if you're passionless and just chasing the paper, business is probably not the best idea.


What do you do?
Queen's University '16
Bachelor of Commerce


Fall 2012 B.C. Applicant
UWO BMOS Finance + Richard Ivey AEO (Accepted)
Ivey AEO Award of Excellence Scholarship $10,000
Queen's Commerce (Chancellor's Nominee) (Accepted)
University of Toronto Rotman, Trinity College (Accepted)



immaculatedx
#11 Posted : Monday, March 12, 2012 11:56:23 PM
Rank: Student Body President




Joined: 12/19/2010
Posts: 1,595
to keep it general, I'm in compsci now.
cliffhanger33
#12 Posted : Tuesday, March 13, 2012 12:01:18 AM
Rank: Student Council




Joined: 7/17/2011
Posts: 353
immaculatedx wrote:
to keep it general, I'm in compsci now.


u switched out from the CA/math DD program thing? sry not sure what it was calledbut i recall u were doing that b4
Queen's University '16
Bachelor of Commerce


Fall 2012 B.C. Applicant
UWO BMOS Finance + Richard Ivey AEO (Accepted)
Ivey AEO Award of Excellence Scholarship $10,000
Queen's Commerce (Chancellor's Nominee) (Accepted)
University of Toronto Rotman, Trinity College (Accepted)



immaculatedx
#13 Posted : Tuesday, March 13, 2012 12:31:05 AM
Rank: Student Body President




Joined: 12/19/2010
Posts: 1,595
Um.. I was in Math/Chartered Accountancy at UW, I transferred to Math/BBA double degree at Waterloo and Laurier and transferred to CS at UW after that.
cliffhanger33
#14 Posted : Tuesday, March 13, 2012 12:57:32 AM
Rank: Student Council




Joined: 7/17/2011
Posts: 353
immaculatedx wrote:
Um.. I was in Math/Chartered Accountancy at UW, I transferred to Math/BBA double degree at Waterloo and Laurier and transferred to CS at UW after that.


Why
Queen's University '16
Bachelor of Commerce


Fall 2012 B.C. Applicant
UWO BMOS Finance + Richard Ivey AEO (Accepted)
Ivey AEO Award of Excellence Scholarship $10,000
Queen's Commerce (Chancellor's Nominee) (Accepted)
University of Toronto Rotman, Trinity College (Accepted)



immaculatedx
#15 Posted : Tuesday, March 13, 2012 2:10:28 AM
Rank: Student Body President




Joined: 12/19/2010
Posts: 1,595
Eh, no offense to business students but the content you learn in business programs are BS. I mean I'll get a 95 in it but I don't feel I've gained anything from taking those courses, at least not at this point in my life.

I hadn't worked a single day in an office, and I was being taught how to become an 'effective' manager, how to 'market' my products, how to manage human resources etc. etc. In terms of Accounting and Finance, which I guess are more technical, I was already naturally curious and did lots of learning on my own in those subjects and didn't feel the need to do further in my undergraduate academic career.

It just didn't make sense to me, so now I'm in Math/CompSci

As I explained in a previous business thread, Schulich/Ivey/QC are not good programs because they are business programs. They are good because they are prestigious, have a and have a strong alumni base. They could very well change their curriculums to become liberal arts programs (They kind of already are) and everything would still be the same.
immaculatedx
#16 Posted : Tuesday, March 13, 2012 2:14:31 AM
Rank: Student Body President




Joined: 12/19/2010
Posts: 1,595
BTW, your interest in my comment and subsequent job/major/program leads me to believe that my mentioning of

immaculatedx wrote:
While the potential for big bucks is there, on average if you're passionless and just chasing the paper, business is probably not the best idea.


may have struck a chord. This is deeply concerning, since I was kind of just kidding.
cliffhanger33
#17 Posted : Tuesday, March 13, 2012 4:58:39 PM
Rank: Student Council




Joined: 7/17/2011
Posts: 353
immaculatedx wrote:
BTW, your interest in my comment and subsequent job/major/program leads me to believe that my mentioning of

immaculatedx wrote:
While the potential for big bucks is there, on average if you're passionless and just chasing the paper, business is probably not the best idea.


may have struck a chord. This is deeply concerning, since I was kind of just kidding.


Nope.

What struck a chord was that u claimed u were making equivalent to 40k a year in Ur first year of undergrad and I wanted to know what you do.
The fact that u claimed u were doing CS now surprised me as u used to Be keen on business and accounting

I Understand Ur choice and it makes sense

Good luck
Queen's University '16
Bachelor of Commerce


Fall 2012 B.C. Applicant
UWO BMOS Finance + Richard Ivey AEO (Accepted)
Ivey AEO Award of Excellence Scholarship $10,000
Queen's Commerce (Chancellor's Nominee) (Accepted)
University of Toronto Rotman, Trinity College (Accepted)



Finance27
#18 Posted : Tuesday, March 13, 2012 6:09:32 PM
Rank: Senior Student


Joined: 1/2/2012
Posts: 134
immaculatedx wrote:
Eh, no offense to business students but the content you learn in business programs are BS. I mean I'll get a 95 in it but I don't feel I've gained anything from taking those courses, at least not at this point in my life.

I hadn't worked a single day in an office, and I was being taught how to become an 'effective' manager, how to 'market' my products, how to manage human resources etc. etc. In terms of Accounting and Finance, which I guess are more technical, I was already naturally curious and did lots of learning on my own in those subjects and didn't feel the need to do further in my undergraduate academic career.

It just didn't make sense to me, so now I'm in Math/CompSci

As I explained in a previous business thread, Schulich/Ivey/QC are not good programs because they are business programs. They are good because they are prestigious, have a and have a strong alumni base. They could very well change their curriculums to become liberal arts programs (They kind of already are) and everything would still be the same.


So you're completely outta business? Dang..Well, good luck. But I think there is (and would be) more money in Accounting than engineering, in the long run at least. Making $120K at 28 is pretty good IMO with a CA, but it's the increases and higher potential that is good in business, which you wouldn't find in engineering really (being promoted to senior, etc.)

- From people I know
immaculatedx
#19 Posted : Wednesday, March 14, 2012 11:52:18 AM
Rank: Student Body President




Joined: 12/19/2010
Posts: 1,595
cliffhanger33 wrote:
immaculatedx wrote:
BTW, your interest in my comment and subsequent job/major/program leads me to believe that my mentioning of

immaculatedx wrote:
While the potential for big bucks is there, on average if you're passionless and just chasing the paper, business is probably not the best idea.


may have struck a chord. This is deeply concerning, since I was kind of just kidding.


Nope.

What struck a chord was that u claimed u were making equivalent to 40k a year in Ur first year of undergrad and I wanted to know what you do.
The fact that u claimed u were doing CS now surprised me as u used to Be keen on business and accounting

I Understand Ur choice and it makes sense

Good luck


Okay.

Well the average compensation in first year math/eng/cs is around 15 bucks which is basically equivalent to 30K. A lot of first years make equivalent to 40K or more equivalence in first year.
immaculatedx
#20 Posted : Wednesday, March 14, 2012 11:55:25 AM
Rank: Student Body President




Joined: 12/19/2010
Posts: 1,595
Finance27 wrote:
immaculatedx wrote:
Eh, no offense to business students but the content you learn in business programs are BS. I mean I'll get a 95 in it but I don't feel I've gained anything from taking those courses, at least not at this point in my life.

I hadn't worked a single day in an office, and I was being taught how to become an 'effective' manager, how to 'market' my products, how to manage human resources etc. etc. In terms of Accounting and Finance, which I guess are more technical, I was already naturally curious and did lots of learning on my own in those subjects and didn't feel the need to do further in my undergraduate academic career.

It just didn't make sense to me, so now I'm in Math/CompSci

As I explained in a previous business thread, Schulich/Ivey/QC are not good programs because they are business programs. They are good because they are prestigious, have a and have a strong alumni base. They could very well change their curriculums to become liberal arts programs (They kind of already are) and everything would still be the same.


So you're completely outta business? Dang..Well, good luck. But I think there is (and would be) more money in Accounting than engineering, in the long run at least. Making $120K at 28 is pretty good IMO with a CA, but it's the increases and higher potential that is good in business, which you wouldn't find in engineering really (being promoted to senior, etc.)

- From people I know


You're a little off: http://www.casource.com/...mary_Report-English.pdf

But that's fair. My decision had very little to do with compensation though. No matter what you do, if you follow your heart you'll be fine in professional fields.

Really though, call me a terrible person but I realized I could never do a job that requires skill/ability requirements that someone who goes to Brock Accounting would have.
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